Ocean Protocol Token OCEAN Trades on Bittrex International Today

Bitcoin Press Release: OCEAN Token, the native digital currency of the Ocean Protocol network, begins trading on Bittrex International today after raising $6 million in an IEO

May 3rd 2019, Singapore – Ocean Protocol (CURRENCY: OCEAN) will begin trading on Bittrex International today (May 3) at 19:00 CEST / 17:00 UTC. The Initial Exchange Offering (IEO) started on April 30 with 56.4 million tokens up on offer. The IEO will end today 18:00 CEST / 16:00 UTC. OCEAN tokens will be unlocked two hours before listing on Bittrex International.

Ocean Protocol is the world’s first general purpose data sharing platform powered by blockchain technology with a mission to provide safe, privacy-preserving and borderless data sharing to unlock the Data Economy. It is a decentralized platform that enables anyone to build data services, AI services and marketplaces on top, connecting individuals, industries, startups, governments, academia, and data and AI experts.

The Ocean Vision

OCEAN Token is the native digital currency that will be used in the Ocean Protocol network and ecosystem. All data exchanges and services rendered in the ecosystem will be processed, transacted with, or fueled by OCEAN.

“It is rewarding to see the community get behind our vision for a new Data Economy and believing in Ocean Protocol. We are grateful to the 8,000 supporters from all our fundraising rounds who backed the project.” said Bruce Pon, founder of Ocean Protocol.

“The Ocean Protocol team will continue to deliver software and network updates over the next two years, with five phases planned, each providing more sophisticated features, incentives and enhanced performance.”

To support and start this new data economy, Ocean Protocol has partnered with industry incumbents and startups to demonstrate how the safe sharing of data can help advance industries and improve people’s well-being. In the Insurance sector, Aviva and ConnectedLife are applying data analytics and artificial intelligence on smart home data to enhance the protection and care for the aging population and support independent living; while in Healthcare, Roche Diagnostics is exploring ways to improve care for patients on blood-thinning therapy. In Retail, Next Billion is piloting a new data sharing model that rewards rural store owners for contributing sales data. In the academic space, Ocean Protocol is collaborating with AI Singapore to drive innovative programmes that empower AI talents to conduct advanced research and bring it to practice.

To register a Bittrex International account, go to https://international.bittrex.com

About Ocean Protocol

Ocean Protocol is a decentralized data exchange protocol to unlock data for AI. Through blockchain technology, smart contracts, and tokens, Ocean Protocol connects data providers and consumers, allowing data to be shared while guaranteeing traceability, transparency, and trust for all stakeholders involved. It allows data owners to give value to and have control over their data assets without being locked-in to any single marketplace. By bringing together decentralized blockchain technology, a data sharing framework, and an ecosystem for data and related services, Ocean Protocol is committed to kick-starting a new Data Economy that touches every single person, company and device, giving power back to data owners, enabling people to reap value from data to better our world. Visit oceanprotocol.com to find out more.

About Bittrex International

Bittrex International operates a secure, reliable and advanced digital asset platform built on Bittrex’s cutting-edge trading technology. Our mission is to be a driving force in the blockchain revolution, increasing adoption of this innovative technology around the world. This international trading platform operates within the regulatory framework established by the European Union and Maltese Government, including the Malta Virtual Financial Assets Act. The company will apply to the Malta Financial Services Authority to become a regulated Virtual Financial Asset exchange. Learn more at https://International.Bittrex.com.

For more information, visit the website: www.oceanprotocol.com

Join the conversation on Twitter: https://twitter.com/oceanprotocol

Chat on Telegram: https://t.me/joinchat/GUyxrE0Hi154D0NrlOqLFg

Connect on Linkedin: https://www.linkedin.com/company/13429589/

Check out the Ocean blog: https://blog.oceanprotocol.com/

Media Contact Details

Contact Name: Patty Lee

Contact Email: [email protected]

Ocean Protocol is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release.

Published at Fri, 03 May 2019 09:11:24 +0000

December 7, 2017

Here’s How SonoCoin Is Trying To Use Sound To Transfer Value

Companies are rushing to try and make peer to peer, blockchain based value transfer quicker and simpler right now and this company thinks it’s been able to do just that.

bitcoin just broke through a major resistance level and interest in the space has never been higher. Companies of all shapes and sizes are popping up, looking to take advantage of the rush to develop and establish the blockchain-centric infrastructure that’s going to serve as the foundation for technological advance for many years to come and many of these are conducting ICOs to try and pick up funding. The ICO space, however, and likely as a direct result of the above statement, is pretty crowded right now and a company that wants to stand out and – in turn – to attract investor capital through an initial offering has to serve up something unique. Reports have just hit press that a company called SonoCoin is about to launch its efforts to do just that and, at a glance, the company looks as though it certainly checks the ‘unique offering’ box.

SonoCoin has developed a blockchain based peer-to-peer value transfer system that uses a digitally encrypted audio file as its transfer token. In contrast to bitcoin, which uses a Proof-of-Work (PoW) protocol, SonoCoin uses a Proof-of-Stake (PoS) protocol to verify transactions and, again unlike bitcoin, the exchange token can be sent via any means through which a standard data/audio file can be sent – email, messenger application, etc.

So how does it work?

The company has developed an algorithm that takes a transaction hash, a secret key and the index (which is defined as the number of outputs when the coin was formed) and converts it into a .wav file.

This file can then be sent from one device to another (basically, so long as the devices have a microphone and a speaker that can emit, recognize and interpret sound, which pretty much all mobile devices do right now) and, on receipt, an application (which is already available for some devices) specifically designed to interpret these SonoCoin sound files will record and register the transaction.

And why is this news now?

The company is currently conducting a presale of its tokens and intends to move into the second phase of this presale on December 14, at the end of next week. During phase one and phase two (phase one has been active since this time last week), a total of 30 million coins will be issued. Subsequent to the presale, 40 million coins will be issued as part of the full ICO.

How successful the ICO will be remains to be seen but the assumption is that, post-completion, SonoCoin will look to pick up a listing for its coins on the major exchanges in the space – Bittrex, Poloniex, etc. and it’s at that point that we’ll really get an idea of the market appetite for this sort of alternative-format type value transfer.

Here’s the company’s Whitepaper for anyone looking to get a better idea of how SonoCoin works.

What do you think of this sort of application of blockchain technology? Will the ability to transfer value via sound files aid mainstream adoption of algorithm-based peer-to-peer transactions? Let us know in the comments section below!

Image courtesy of Tess Watson via Flickr

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